VOICED : Mexico adjudica dos campos petroleros de 14

Mexico's first oil field auction in nearly 80 years resulted in only two of 14 fields being awarded, falling short of government expectations. Major companies like Exxon Mobil and Chevron opted out, leaving a local-led consortium to win the contracts. Of the 18 individual firms and 7 consortia eligible, only 9 submitted bids, none meeting the government's minimum requirements. Unawarded blocks will be retained by the state for future auctions. Companies must show financial guarantees within 48 hours, and contracts must be signed by August 21. This auction is the first of five in Mexico's energy reform, with future rounds offering deep-water and unconventional field opportunities.

How many oil fields were successfully awarded in Mexico's first auction in nearly 80 years?

• Fourteen

• Two

• None

• Seven

Which major companies decided not to participate in the Mexican oil field auction?

• Exxon Mobil and Chevron

• Petrobras and Gazprom

• Shell and BP

• Total and Eni

How many individual firms and consortia qualified to participate in the auction?

• 18 individual firms and 7 consortia

• 20 individual firms and 10 consortia

• 10 individual firms and 5 consortia

• 15 individual firms and 8 consortia

What happens to the oil blocks that are not awarded in the auction?

• They are retained by the state for future auctions

• They are sold to the highest bidder

• They are abandoned

• They are given to local companies

By when must the contracts for the awarded oil fields be signed?

• Before August 21

• Before September 1

• Before July 31

• Before October 15